View Single Post
Old 10-26-2017, 03:51 AM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Paxum: EFT to Australian bank accounts now impossible

Just a warning to Aussie webmasters that Paxum have stopped EFT withdrawals to Australian bank accounts.

I did notice that they've gone through a couple of different third party money movers in the past few months, based on the descriptor in my statement:

3 Oct: RTGS HIGH VALUE PAYMENT REF NO xxxxx 1/Mifinity UK Lim DEK-CO (UK) LTD payout

15 Sep: DEPOSIT CITADEL COMMERCE xxxxx

I wasn't sure whether the change was simple risk management, spreading transactions over multiple money moving companies, or whether the change was because they had been dumped by Citadel... I guess now it seems it's the latter.

I'm starting to wonder whether these third party companies even know they're doing business with an adult processor.

The whole setup just screams dodgy. Things haven't improved since the days of epass.
rowan is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote